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Mt Malcolm Mines NL (ASX:M2M)

ALERT: Price-sensitive ASX Announcement for M2M
Current share price for M2M : $0.007 -0.008 (-51.72%)+
Release
17 Feb 2026 8:57AM
Price at Release
$0.015
Full Release
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Summary
The document details the geological interpretation advancements at the Golden Crown prospect located within the Malcolm Greenstone Belt in Western Australia. Mt Malcolm Mines NL has conducted extensive exploration activities, including RC drilling and bulk sampling, confirming high-grade gold mineralisation in steeply dipping quartz lodes and shallow flat dipping structures typical of orogenic lode-gold systems. The bulk sampling program led to consistent high recovery rates, verifying the high-grade nature of the mineralisation. The mineralised corridor is defined within a specific rectangular area and remains open down-dip and along strike, indicating potential for further exploration.
Key Points
  • Geological interpretation focuses on Golden Crown within the Malcolm Greenstone Belt.
  • High-grade gold mineralisation confirmed in steeply dipping quartz lodes.
  • Bulk sampling program achieved high recovery rates, validating mineralisation grade.
  • Mineralised corridor is open for further exploration down-dip and along strike.
  • Quartz ±sulphides veins are characteristic of the orogenic lode-gold system.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.